2009 No. 484
S-1
Citation, extent, commencement and interpretationCitation, extent, commencement and interpretation
1.—(1) This Order may be cited as the Housing Corporation (Dissolution) Order 2009.
(2) This Order extends to England and Wales only.
(3) This Order comes into force on 1st April 2009.
(4) In this Order, “the Regulator” means “the Regulator of Social Housing”.
Dissolution
2. The Housing Corporation is dissolved.
Final annual report
3.—(1) The Regulator shall, as soon as reasonably practicable after 31st March 2009, make a report to the Secretary of State on the exercise of the Housing Corporation’s functions during the financial year ending on 31st March 2009.
(2) The Secretary of State shall lay a copy of the report before each House of Parliament.
S-4
Final annual accountsFinal annual accounts
4.—(1) The Regulator shall prepare a statement of the accounts of the Housing Corporation for the financial year ending on 31st March 2009 (“the final annual accounts”), which shall be prepared in accordance with the direction given by the Secretary of State to the Housing Corporation and dated 30th March 2007.
(2) The Regulator shall send a copy of the final annual accounts to the Comptroller and Auditor General as soon as reasonably practicable after 31st March 2009.
(3) The Comptroller and Auditor General shall examine and certify the final annual accounts and shall lay before each House of Parliament a copy of the accounts together with the Comptroller and Auditor General’s report on them.
(4) As soon as the final annual accounts have been audited by the Comptroller and Auditor General, the Regulator shall send to the Secretary of State a copy of the accounts together with the Comptroller and Auditor General’s report on them.
(5) The Secretary of State shall prepare, for the financial year ending on 31st March 2009, an account of—
(a)
(a) the sums lent to the Housing Corporation, and
(b)
(b) sums received from the Housing Corporation and paid into the National Loans Fund in respect of the principal and interest on sums so lent, or on sums advanced to the Housing Corporation under section 9 of the Housing Act 1964,
and shall transmit the accounts so prepared to the Comptroller and Auditor General on or before 30th November 2009.
(6) The Comptroller and Auditor General shall examine and certify the accounts prepared by the Secretary of State and lay before each House of Parliament copies of the accounts together with the Comptroller and Auditor General’s report on them.
S-5
Consequential provisionsConsequential provisions
5. The consequential provisions in Schedule 1 to this Order shall have effect.
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Repeals and revocationsRepeals and revocations
6. The repeals and revocations in Schedule 2 to this Order shall have effect.
SCHEDULE 1
Article 5
Consequential provisions
Housing Associations Act 1985
1. The Housing Associations Act 1985is amended as follows.
2. Omit section 74(2) (the Housing Corporation).
3. In section 75 (general functions of the relevant authority), at the end insert—
“6 For the purposes of subsections (1)(c) and (e) and (4) “the Relevant Authority” means the Welsh Ministers only.”.
4. Omit section 76A (realisation of value of corporation’s loans portfolio).
5. Omit section 78 (Housing Corporation: annual report).
6.—(1) Section 84 (agreements to indemnify certain lenders: England and Wales) is amended as follows.
(2) For “Relevant Authority”, wherever appearing, substitute “Welsh Ministers”.
(3) In subsection (1), for “binds itself” substitute “bind themselves”.
(4) In subsection (3)(b) for “is” substitute “are”.
(5) Omit subsection (4).
(6) In subsection (5)—
(a)
(a) for the words from the beginning to “he has not” substitute “The Welsh Ministers shall, before entering into an agreement in a form about which they have not”, and
(b)
(b) in paragraphs (a) and (b) for “he thinks” substitute “they think”.
(7) For the heading substitute “Agreements to indemnify certain lenders”.
7.—(1) Section 85 (interpretation of terms used in section 84) is amended as follows.
(2) In subsections (2), (3) and (4) for “Secretary of State” substitute “Welsh Ministers”.
(3) In subsection (4) omit “the Housing Corporation”.
8.—(1) Section 88 (acquisition of land) is amended as follows.
(2) In subsection (1)—
(a)
(a) for “Relevant Authority” substitute “Welsh Ministers”, and
(b)
(b) for the words after paragraph (b) substitute—
“and the Welsh Ministers may acquire land compulsorily for any such purpose.”.
(3) In subsection (2) for “Relevant Authority” substitute “Welsh Ministers”.
(4) For subsection (3) substitute—
“3 The Acquisition of Land Act 1981 applies to the compulsory purchase of land under this section.”.
(5) Omit subsections (4) and (5).
9.—(1) Section 89 (provision of dwellings or hostels etc) is amended as follows.
(2) For “Relevant Authority”, wherever appearing, substitute “Welsh Ministers”.
(3) For “to it”, wherever appearing, substitute “to them”.
(4) In subsection (4)(a) for “itself” substitute “themselves”.
(5) In subsection (5) for “its” substitute “their”.
10.—(1) Section 90 (disposal of land) is amended as follows.
(2) In subsection (1)—
(a)
(a) for “Relevant Authority” substitute “Welsh Ministers”,
(b)
(b) for “it has”, in both places, substitute “they have”,
(c)
(c) for “its powers” substitute “their powers”, and
(d)
(d) omit the...
